Google had avoided using its tech for military applications since employee protests in 2018. The Information reports that the company is hard at work rebuilding its relationship with the Pentagon to secure…
Source: Sherwood News.
Category: Business
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Oklo pacing for big week, helped by risk-on appetite and Trump policy directive
The revenue-free retail favorite was up more than 30% through Wednesday’s close.
Source: Sherwood News.
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15 months after crippling quantum computing stocks, Nvidia has sent the industry back into the stratosphere
Of course, “AI is essential to making quantum computing practical,” Nvidia CEO Jensen Huang added.
Source: Sherwood News.
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Bitcoin nears key level that capped previous January rally
A CryptoQuant report noted that $76,800 is a break-even point for many traders, which has “acted as a powerful bear market resistance level.”
Source: Sherwood News.
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Tesla sold 1 in 5 Cybertrucks to Musk’s other companies in Q4
We knew Tesla was off-loading Cybertrucks onto Musk’s other ventures, but we didn’t know just how many.
Source: Sherwood News.
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Low-cost airlines climb amid report that Spirit Airlines could liquidate as soon as this week
Frontier and JetBlue were each up more than 3% in premarket trading on Thursday.
Source: Sherwood News.
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Allbirds traded more than JPMorgan and Exxon Mobil yesterday
Shoemaker Allbirds is flying high after a surprise transition to AI.
Source: Sherwood News.
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TSMC CEO on Tesla and Intel’s Terafab: “There are no shortcuts”
Elon Musk is hoping to move at “light speed” but CC Wei thinks it will take a bit longer.
Source: Sherwood News.
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Hims jumps after RFK Jr. announces FDA may loosen regulations for 12 peptides
The stock is still down more than 20% from the start of the year through yesterday’s close, taking a massive hit after its botched rollout of a copycat Wegovy pill.
Source: Sherwood News.
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TSMC Q1 earnings crush estimates, with chipmaker lifting full-year sales guidance thanks to “extremely robust” AI demand
Management now expects sales growth of above 30% in 2026.
Source: Sherwood News.
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Investors are piling into “heavy assets, low obsolescence” stocks they hope can’t be clobbered by AI
Ritholtz’s Josh Brown says so-called HALO stocks are “the trade of the year,” as Wall Street keeps bidding up stocks that it thinks AI won’t disrupt.
Source: Sherwood News.
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Stocks notch new closing high, buoyed by end-of-war optimism and strong bank earnings
The S&P 500 and Nasdaq 100 both notched new record closes as President Trump said the Iran war was “very close to over” and strong earnings from Morgan Stanley and Bank of America bolstered investor sentiment….
Source: Sherwood News.